HK's Q Technology hits 7-week high on unit's Shenzhen listing progress

** Shares of camera modules manufacturer Q Technology (Group) Co Ltd surge 8.3% to HK$15.90, their highest since April 26, on course for a second straight session of gains

** Company says its unit, Kunshan QT China, has submitted a listing application to the ChiNext of Shenzhen Stock Exchange

** Says the proposed listing is conditional upon approval from CSRC and the Shenzhen Stock Exchange

** Kunshan will offer not less than 320.8 mln shares, or 10% of its share capital, in the IPO, but the final size, price range and the timetable of the proposed listing have not yet been fixed

** The Hong Kong Hang Seng Commerce & Industry Index climbs 0.6%, and the Hong Kong Hang Seng sub-index tracking information technology firms rises 0.7%

** The Hang Seng Composite Index gains 0.4% and the benchmark index climbs 0.5%

** As of last close, the stock had risen 11.7% this year